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BRICS Countries: Green and Sustainable Economies

Author Affiliations

  • 1Maitreyi College, Chanakyapuri, University of Delhi, Delhi, India
  • 2Maitreyi College, Chanakyapuri, University of Delhi, Delhi, India

Res. J. Recent Sci., Volume 5, Issue (9), Pages 38-44, September,2 (2016)

Abstract

Nature offers all resources (land, labour, capital) Man extracts nature for his survival but it leads to human destruction when it is extracted for greed. The Brazil, Russia, India, China and South Africa (BRICS) consists of five countries of the world. Green Economics means growth of income and employment which reduces pollution, enhance resource efficiency and helps to prevent biodiversity that is driven by public and private investments. Green economics helps in reducing ecological scarcities, environmental risks and aims for sustainable development. The BRICS countries are working on clean, green and sustainable economies aggressively. All economies do stress on green economics. This paper highlights the issues of green economics and sustainability as an opportunity and challenging of BRICS countries. This paper assesses the growing power and capacity building to resolve impending problems. It is a known fact that some of BRICS countries are, indeed, becoming driving forces in the renewable energy and sustainability sectors. This paper also analyses the policies, rules and regulations to be taken into consideration by individual country as well as in block for green and sustainable economics. This paper argues that through green economics and sustainable development resources can be utilised efficiently and made friendly environmental.

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